Helping With Your Financial Future
California residents in Chapter 7 bankruptcy may wonder if they can obtain car loans later. Here's what you should know about getting a car loan post-Chapter 7. How does bankruptcy affect your credit? Chapter 7 bankruptcy allows some property to be liquidated so that...
California residents filing for bankruptcy will need to take special notice of any IRS adjustments to their tax liability. In an appellate bankruptcy discharge filing, the Ninth Circuit upheld an opinion that taxpayers must file a report of change to the California...
Filing for bankruptcy could result in a tremendous financial burden lifted off someone's mind. After passing the means test to file for Chapter 7, a filer may discover a significant amount of debt ends up discharged. Not all debt goes away without any payments,...
No one likes the thought of filing Chapter 7 bankruptcy in California, but sometimes, filing is the only way to get relief from overwhelming debt. If you filed Chapter 7 recently, you may wonder what happens after discharge. While life after Chapter 7 is often...
If you file for Chapter 7 bankruptcy in California, you may be entitled to an automatic stay of creditor activity. The automatic stay may prevent a creditor from foreclosing on a house, repossessing your car or seizing a bank account. Generally speaking, the stay...
California small business owners may worry about the ramifications of filing for business bankruptcy. Even though debts are overtaking profits, the business might be all that you have. Is it possible to save the company and still achieve debt relief through...
Businesses often fail, especially startups. California entrepreneurs that find their business dreams falling short could avoid feeling discouraged by keeping options open for starting over. Chapter 7 liquidation bankruptcy might not appear like a "bright event," but...
California residents who are thinking of filing for bankruptcy are likely feeling overwhelmed at what lies ahead. With so many questions about what happens during the process and what items may be taken away from you, it's important to stop and take the time to learn...
Chapter 7 bankruptcy gives California consumers a way to make a fresh start if they have mounting debts they can no longer pay due to unforeseen circumstances. The trustee divides the proceeds from the selling of non-exempt assets, such as jewelry, among the secured...
Debtors in Escondido, California, may get relief from certain debts by filing bankruptcy through liquidating assets in Chapter 7. Many debtors choose Chapter 7 because they get a quicker discharge, which is usually three to four months. However, a debtor must pass a...